| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembCorp Marine- The new Frontier.
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Chagatai
Veteran |
17-Oct-2021 19:31
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There is FUD and then there is maritime industry. | ||||
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investshare
Supreme |
17-Oct-2021 18:35
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Thought this is going to merge with kom? Your target is before or after merger?
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Chagatai
Veteran |
17-Oct-2021 17:48
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Let us Make lots of Money from 8c to 30c and Beyond all in very good time as all the sum of the parts are coming in to place | ||||
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ksangks
Senior |
17-Oct-2021 17:15
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Runners working very hard ! | ||||
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better
Elite |
17-Oct-2021 13:41
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06 Feb 2020
  Print
Fulfilment of Conditions Precedent in Settlement with Sete BrasilSingapore, February 6, 2020:  Sembcorp Marine Ltd (the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) refers to its announcement of 7 October 2019 in relation to the settlement reached with various subsidiaries of Sete Brasil (the &ldquo Sete Group&rdquo ). The settlement agreement for all contracts with the Sete Group is subject to certain conditions precedent being fulfilled. The Company wishes to inform that all conditions precedent have been fulfilled and the settlement agreement is now effective. The Group will also terminate its arbitration proceedings against the Sete Group as part of the settlement agreement. The Group is now in discussions with a potential purchaser for the completion of 2 drillships and will make the necessary announcement should such discussions progress to new orders for the Group. With rig' s dayrate and utilisation rate improving by the month, a deal for the 6 Setes drillships on hand is immiment is the coming months.
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Chagatai
Veteran |
17-Oct-2021 13:35
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I buy SMM because I will sell at 30c minimum or above 30c that is all I can wait la see how it go | ||||
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Chagatai
Veteran |
17-Oct-2021 13:34
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Can buy Thai Bev also still not too late Thai Bev can go $1 in a few month time | ||||
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Chagatai
Veteran |
17-Oct-2021 13:32
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Scully order book become $12 billion in a few months time then 20c all will Chiong to 30c | ||||
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Elite |
17-Oct-2021 13:32
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Schottel Hybrid Drive used for ' World&rsquo s First' LNG Hybrid Tug built by SembmarineSingapore-based Sembcorp Marine chose Schottel&rsquo s azimuthal hybrid drive system SYDRIVE-E to power the world&rsquo s first liquefied natural gas (LNG) hybrid tug.  With this first in a series of 12 vessels, Sembcorp Marine will build the world&rsquo s first hybrid LNG-fueled tug fleet that will replace its existing diesel-powered tugs. The vessel is designed by LMG Marin, a wholly owned Sembcorp Marine subsidiary, and a leading naval architecture design house in Bergen, Norway, which provides energy efficient solutions. The tug&rsquo s future operation profile in the harbors of Singapore will demand highly variable power ranges. Depending on the desired operating mode and the required propulsion power, the hybrid drive system activates the appropriate power source or both together. The LNG-fueled main engines and the electrical motors are both coupled to the SYDRIVE system and are designed to operate efficiently within their optimal load ranges,helping to reduce fuel consumption and emissions. In terms of thruster integration, each upper gearbox offers two power input positions with an offset angle of +/- 90° for two power sources. An option with a +/- 135° offset angle is also available allowing even more design flexibility. Sembcorp Marine&rsquo s hybridized Schottel RudderPropellers type SRP 430 will have a power intake capacity of about 2,000 kW each which will be fed by zero emissions electrical motors and/or low-emissions LNG main engines.  The 360-degree steerable SRPs combine maximum maneuverability and a high bollard pull as harbor operations require.  
Singapore-based Sembcorp Marine chose Schottel&rsquo s azimuthal hybrid drive system SYDRIVE-E to power the world&rsquo s first liquefied natural gas (LNG) hybrid tug. Image courtesy Schottel     Schottel&rsquo s azimuthal hybrid drive system SYDRIVE-E. Image courtesy Schottel
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Elite |
17-Oct-2021 13:25
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Sembcorp Marine Wins Dorado FPSO FEED Deal with AlteraOE Staff  September 2021 Singapore-based Sembcorp Marine has secured an exclusive contract from floating production firm Altera Infrastructure, to carry out the Front-End Engineering Design (FEED) work for an FPSO to be built for Santos' Dorado oil and project offshore Australia. Dorado. located in the Bedout Sub-basin, offshore Western Australia,   is an oil and gas project which is expected to have an initial oil production of 75,000 to 100,000 barrels per day, with subsequent development of significant gas resources Altera Infrastructure, previously known as Teekay Offshore,last month secured the FEED contract from Santos for the Dorado FPSO Now, Altera has awarded the FEED work to Sembcorp Marine' s Sembcorp Marine Rigs & Floaters unit. Sembcorp Marine Head of Rigs & Floaters William Gu said: " We are excited to work with Altera Infrastructure and Santos to develop Dorado. The award of the FEED contract affirms Sembcorp Marine&rsquo s engineering, procurement and construction (EPC) capabilities, and reinforces our credentials as a leading engineering solutions provider for the offshore, marine and energy industries.&rdquo The FEED work is expected to be completed by the second quarter of 2022. This is the Group&rsquo s third EPC project in collaboration with Altera Infrastructure, following the successful delivery of FPSO Pioneiro de Libra and FPSO Petrojarl Cidade de Itajai in 2017 and 2012 respectively. A Final Investment Decision for the Dorado development is targeted for mid-2022.
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Elite |
17-Oct-2021 13:20
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Some cashflow facts: As at 31st Dec 2020 Cash and cash equivalent-  $772 mil As at 30th June 2021 Cash and cash equivalent- $788 mil 3 main reasons for the rights issue were: 1) They were coerced into providing a S$600mil yard financing to Transocean. (which is going to accelerate revenue recognition and help SCM to turn in a decent profit in HY2) 2) A lender refused to rollover a maturing loan of S$430mil. 3) Sembmarine are close to securing a few mega FPSO deals (Cambo, Wisting, Darodo,Napant) and need cash to kickstart these projects next year. |
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ckmpd1
Supreme |
17-Oct-2021 13:05
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When SMM said RI 2021 will last 1.5yrs.  It means SMM can run out of money by end 2022.  If no money coming in, what will SMM do after end 2022?
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Elite |
17-Oct-2021 12:57
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Hahaha hahaha...this is thhe funniest but most insightful comment of all time
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Thi654321ABCDEF
Master |
17-Oct-2021 12:28
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forumers still talking for what  already 08 cents offer |
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ckmpd1
Supreme |
17-Oct-2021 12:25
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Yes. Each one of us must know what we buy into.  Dont listen to runners, dont listen to forumners here who claim SMM will go to 30c, 40c.  We must do our own due diligence.
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ckmpd1
Supreme |
17-Oct-2021 12:22
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ckmpd1
Supreme |
17-Oct-2021 12:21
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good write up of how big companies cheat ordinary share holders
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stanleytay
Master |
17-Oct-2021 12:20
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Are you sure you pity them or you are here rubbing on their pain... looks to me like the latter. Hope your " investment ' in Keppel will make money. Looking at the person you are, its not easy for you to make money. A normal and good person not vested in a stock wont camp here and talk it down. Same goes to your so called buddies here.. Haha
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ckmpd1
Supreme |
17-Oct-2021 12:19
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on top of that SMM may have to pay Kep Corp $500m.  where to get the money?
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ckmpd1
Supreme |
17-Oct-2021 12:17
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yes.  Pity the long term SHs who trusted SMM mgmt.  Thos days 2.1B shares.  Now it is 31B shares
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Schottel&rsquo s azimuthal hybrid drive system SYDRIVE-E. Image courtesy Schottel
